Bill Text: MA H2667 | 2009-2010 | 186th General Court | Introduced
Bill Title: Providing an income tax deduction for losses incurred in playing the Lottery
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 10/14 at 10:00 AM in Hearing Room B2 [H2667 Detail]
Download: Massachusetts-2009-H2667-Introduced.html
The Commonwealth of Massachusetts
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PRESENTED BY:
James Arciero (BY REQUEST)
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To the
Honorable Senate and House of Representatives of the Commonwealth of
Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:
An Act providing an income tax deduction for losses incurred in playing the Massachusetts lottery.
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PETITION OF:
|
Name: |
District/Address: |
|
Richard Ferry |
3 Tenney Road |
The Commonwealth of
Massachusetts
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In the Year Two Thousand and Nine
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An Act providing an income tax deduction for losses incurred in
playing the Massachusetts lottery.
Be
it enacted by the Senate and House of Representatives in General Court
assembled, and by the authority of the same, as follows:
SECTION 1. Paragraph (a) of Part B of section 3 of chapter 62 of the General Laws is hereby amended by adding the following paragraph:
(16) The amount of monetary losses equal to the monetary winnings derived from playing lottery games operated, or offered, by the lottery commission of the commonwealth of Massachusetts as reported on the taxpayer’s United States federal income tax form 1040, and in Part A of the adjusted gross income tax form of the commonwealth of Massachusetts.
